Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Get the latest NAV of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹12.01

-0.2%1D

NAV as on 04 Jul 2025

16.6%/per year

Since Inception

Absolute Gain%

271 people have invested ₹ 8.4L in Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth in the last three months

Mirae Asset BSE Select IPO ETF Fund of Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (04-Jul-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
0.66%
3.31%
-
3 Months
16.71%
13.25%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset BSE Select IPO ETF Fund of Fund
-
10Cr
0.43%
-
-
16.6%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
28,204Cr
0.63%
11.59%
30.2%
23.45%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,972Cr
0.72%
9.17%
27.6%
23.86%
ICICI Prudential Exports and Services Fund Direct Growth
3/39
1,396Cr
1.69%
9.83%
24.89%
19.63%

Mirae Asset BSE Select IPO ETF Fund of Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

Mirae Asset BSE Select IPO ETF Fund of Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 98.1%

Debt & Cash 1.9%

Mid cap
44.4%

Small cap
28.1%

Large cap
25.7%

Mirae Asset BSE Select IPO ETF Fund of Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 98.1%

Debt & Cash 1.9%

Mirae Asset BSE Select IPO ETF Fund of Fund Holdings Details

as on (30-Jun-25)

Equity

Holdings
Weight%
1M Change
Mirae Asset BSE Select IPO ETF
98.18%
6.6%

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.43%
Benchmark
BSE Select IPO TR INR
AUM₹10 Cr
Inception Date19 March, 2025
Min Lumpsum/SIP₹5000/₹99
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset BSE Select IPO ETF Fund of Fund

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is an equity fund. This fund was started on 19 March, 2025. The fund is managed by Ekta Gala. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has ₹10 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has given a CAGR return of 16.60% since inception.

Holdings

Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Tech, Real Estate, Communication, Basic Materials, Utilities, Consumer Defensive. Its top holdings are Mirae Asset BSE Select IPO ETF

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE Select IPO ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has no lock in period.

Fund Manager

Ekta Gala

Fund Manager of Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth, since 19 March 2025

Learn more about Mirae Mutual Fund

Frequently Asked Questions for Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

How do I invest in Mirae Asset BSE Select IPO ETF Fund of Fund?

INDmoney makes it simple to invest in the Mirae Asset BSE Select IPO ETF Fund of Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset BSE Select IPO ETF Fund of Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset BSE Select IPO ETF Fund of Fund?

The NAV of the fund today is ₹12.01. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Mirae Asset BSE Select IPO ETF Fund of Fund?

The fund managers are Ekta Gala.

What is the exit load of the fund?

The exit load is 0.05% if redeemed in 0-15 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.43%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹10 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset BSE Select IPO ETF Fund of Fund?

The top 3 holdings of the fund are Mirae Asset BSE Select IPO ETF(98.18%)